Mind's Eye Re: the standard over-optimist?

Sociopaths exist in all socio-economic groups.

On Mar 14, 9:32 am, archytas <nwte...@gmail.com> wrote:
> I particularly like the research on investment CEOs that shows they
> over-rate their abilities and actually produce 'negative alpha' rather
> than competent investment decisions - these being the very people who
> threaten to go away if we restrict their 'earnings'.  The quick
> portrait of Steve Jobs also demonstrates a main theme of the 'rich are
> mean' in his selfish world in which rules do not apply to him.  One
> wonders whether Apple might be an American manufacturer (and so on) if
> we had proper economic rules that stop chancers like him doing their
> immoral stuff?
>
> On Mar 14, 2:23 pm, archytas <nwte...@gmail.com> wrote:
>
>
>
> >http://www.scientificamerican.com/article.cfm?id=opting-out-of-overop...
>
> > This is an interesting little story covering some of the research
> > demonstrating people are over-optimistic and this has dangerous
> > outcomes.  I winder if this is how the peculiar views on economics
> > most hold and the dominance of cheery types in our media?- Hide quoted text -
>
> - Show quoted text -